Australia and Oceania: Dairy Produce Market 2024

Dairy Produce Market Size in Australia and Oceania

The dairy produce market in Australia and Oceania was estimated at $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Dairy Produce Production in Australia and Oceania

In value terms, dairy produce production amounted to $X in 2022 estimated in export price. Overall, production recorded a slight decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Dairy Produce Exports

Exports in Australia and Oceania

In 2022, dairy produce exports in Australia and Oceania shrank to X tons, declining by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted in the following year.

In value terms, dairy produce exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, New Zealand (X tons) was the largest exporter of dairy produce, mixing up X% of total exports. It was distantly followed by Australia (X tons), generating a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to dairy produce exports from New Zealand stood at X%. At the same time, Australia (X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest dairy produce supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

In New Zealand, dairy produce exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Dairy Produce Imports

Imports in Australia and Oceania

In 2022, approx. X tons of dairy produce were imported in Australia and Oceania; picking up by X% compared with the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, dairy produce imports rose notably to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Australia prevails in imports structure, amounting to X tons, which was near X% of total imports in 2022. Papua New Guinea (X tons) took the second position in the ranking, followed by New Zealand (X tons), Fiji (X tons) and New Caledonia (X tons). All these countries together held near X% share of total imports. French Polynesia (X tons) and Samoa (X tons) followed a long way behind the leaders.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Fiji (X%), Samoa (X%), Papua New Guinea (X%), New Caledonia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. French Polynesia experienced a relatively flat trend pattern. While the share of Australia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of French Polynesia (X p.p.), Papua New Guinea (X p.p.) and New Zealand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported dairy produce in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by New Caledonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%. In the other countries, the average annual rates were as follows: New Zealand (X% per year) and New Caledonia (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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